📡 $T Earnings Drop Wednesday — Fiber Fueled or Financially Fried?

AT&T reports earnings Wednesday morning — and investors are bracing for impact. Between fiber expansion, $117B in debt, and a dividend to protect, this could be a make-or-break 👀

AT&T is dialing in for Q2 earnings on Wednesday, July 23, and the telecom titan finds itself in a strange spot: expanding faster than ever… while financially stretched thinner than a copper wire.

With $117B in debt, aggressive fiber bets, and a fragile macro backdrop, this isn’t just another earnings call. It’s a liquidity litmus test.

Let’s get into what matters most before this report hits 👇

🧾 Earnings Snapshot:

💵 EPS: $0.51 expected (↓ 10.5% YoY)
📈 Revenue: $30.44B–$30.53B (flat to +2.5% YoY)
📉 Earnings ESP: -2.60% → neutral to bearish
📊 Zacks Rank: #3 (Hold)
📦 Free Cash Flow (Q1): $3.1B
💸 Dividend: $0.27 (Yield: ~7.6%)
🔄 Buybacks: $10B program still active

Wall Street isn’t expecting fireworks — but with such a high yield and a fat infrastructure play, the next move could be sneaky critical for income traders and value hawks alike.